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TED: COMING UP NEXT ON "ARIZONA HORIZON," THE IMPACT OF ARIZONA'S WATER AND POWER SUPPLIES ON ECONOMIC GROWTH.

ALSO TONIGHT, A NEW BOOK WALKS INVESTORS THROUGH WHAT THE AUTHOR DESCRIBES AS REALITY-BASED INVESTING.

>>> AND A NEW TRAVEL BOOK FOCUSES ON HUNGRY HIKERS.

THOSE STORIES AND MORE NEXT ON "ARIZONA HORIZON."

.

TED: GOOD EVENING, AND WELCOME TO "ARIZONA HORIZON."

I'M TED SIMONS.

ARIZONA'S RELENTLESS GROWTH IS A MAJOR FACTOR IN THE STATE'S ECONOMIC SUCCESSES, BUT WITH THAT GROWTH COMES INCREASING CONCERNS OVER DEMANDS ON WATER AND ENERGY.

DOES ARIZONA HAVE THE INFRASTRUCTURE TO HANDLE CONTINUED DEVELOPMENT?

JOINING US NOW IS CHERYL LOMBARD, PRESIDENT AND CEO OF NAIOP ARIZONA, A LOCAL REAL ESTATE DEVELOPMENT ASSOCIATION.

THANK YOU FOR JOINING US.

>> MY PLEASURE.

TED: YOU BETCHA.

AND NAIOP ARIZONA IS?

>> THE NATIONAL ASSOCIATION OF INDUSTRIAL AND OFFICE PROPERTIES.

WE REPRESENT REAL ESTATE, ALL OF THE ABOVE, WHERE YOU LIVE, WORK AND PLAY.

TED: GROWTH IS A MAJOR FACTOR TO THIS GROUP, BUT IS ARIZONA GROWING IN THE RIGHT WAY?

>> YES.

I WOULD SAY, I WAS HERE BACK, THE GREAT CRASH, WHERE OUR ENTIRE ECONOMY WAS BASED ON A HOME-BUILDING BASED ECONOMY, AND WE SPENT THROUGH THE GOVERNOR AND THE LEGISLATURE AND THE BUSINESS LEADERS AND CITY LEADERS HOW CAN WE HAVE A MORE SUSTAINABLE ECONOMY?

WE'VE DONE A GREAT JOB WITH THE EDUCATION SYSTEM BUT MORE IMPORTANTLY HOW YOU ATTRACT NEW BUSINESS, NEW ECONOMY.

WE CAN HAVE A REAL ECONOMY IN TERMS OF JUST HOMES.

WE DECIDE WITH SEMICONDUCTORS WEEK HAVE GREAT IN TERMS OF SEMICONDUCTOR OR SUPPLY CHAIN, OUR MINING INDUSTRY IS EXPANDING.

THE ARIZONA ECONOMY IS REALLY THRIVING ACROSS THE STATE.

TED: INDEED, BUT THE QUESTION AGAIN IS, AND THIS IS MY QUESTION TO YOU, DO WE HAVE THE WATER?

DO WE HAVE THE POWER TO CONTINUE TO HANDLE IT IN THE RIGHT WAY?

TO HANDLE IT IN ANY WAY?

>> THAT IS THE QUESTION ESPECIALLY ON THE WATER SIDE FOR ARIZONA.

WE HAVE DONE AN AMAZING JOB OUR ENTIRE TIME IN TERMS WHEN WE WERE FORMED 104 YEARS AGO IN PLANNING FOR WATER.

IN TERMS OF THE GROUND WATER MANAGEMENT ACT, MOVING FORWARD, WE'VE DONE AMAZING JOB TO SECURE WATER SUPPLIES.

OUR CITIES, OUR COUNTIES AND ACROSS THE STATE HAVE BEEN PLANNING.

WE HAVE THE COLORADO RIVER, THE SALT RIVER, WE HAVE ALL OF THE SUPPLIES THAT WE'RE TAPPING INTO.

WE'VE DONE A GREAT JOB IN TERMS OF PLANNING, IN TERMS OF GROUND WATER MANAGEMENT.

WE'RE ONE OF THE ONLY STATES THAT HAS A GROUND WATER MANAGEMENT PLAN VERSUS THE ENTIRE UPPER BASIN AND PROBABLY OUR SISTER STATES.

IT'S JUST AN IMPORTANT STEP THAT WE'VE MADE FOR PLANNING BUT NEED TO DO MORE TO PLAN FOR OUR NEAR FUTURE.

TED: HAVE THE GOALPOSTS MOVED A LITTLE BIT BECAUSE OF THE COLORADO RIVER COMPACT AND THE FUSSING AND FIGHTING INVOLVED THERE, AND WITH THE ADVANCEMENT OF A.I., AND ADVANCED MANUFACTURING, THING MOVE, THINGS SHIFT.

>> YES, IT'S ALL OF THE ABOVE.

YES, FOR THE COLORADO RIVER, IT IS A STRESS RIVER, IT'S BEEN A STRESS RIVER FOR A VERY LONG TIME.

HOW IN ARIZONA WE'VE PLANNED FOR THE STRESS, BUT IT HAS BEEN SPED UP.

WE'RE AT A CRITICAL TIME, THE COLORADO RIVER NEGOTIATIONS ARE AT A CRITICAL POINT.

WE'VE PUT FORWARD WITH THE STATE ALONG WITH NEVADA AND CALIFORNIA, A VERY REASONABLE PLAN, AND IT'S UP TO THE HANDS OF THE FEDERAL GOVERNMENT, SPECIFICALLY THIS ADMINISTRATION AND THE DEPARTMENT OF INTERIOR TO MAKE A DECISION.

IT IS MAKING SEVERE OPPORTUNITIES IN TERMS OF WHERE WE NEED TO GO WITH INFRASTRUCTURE, WHICH WE WILL TALK ABOUT, BUT IT'S ALSO WE'RE PREPARED TO MAKE THE CHANGES AND TO MOVE FORWARD, AND THAT'S WHY I'M SITTING HERE IN TERMS OF THE COMMERCIAL REAL ESTATE INDUSTRY AND HOW WE GROW, IT'S PART OF THE SOLUTION, HOW WE FUND IT, HOW WE GET THE INFRASTRUCTURE BUILT.

TED: TALK TO ME ABOUT THE SOLUTION AND HOW COMMERCIAL REAL ESTATE CAN PLAY A PART IN MAKING SURE, IT'S GOT TO GET DONE, IT'S REALITY HERE.

THIS ISN'T THEORETICAL ANYMORE.

>> YOU ARE CORRECT.

IT'S BEEN SPED UP, OUR CITIES, THE CENTRAL ARIZONA PROJECT, ALL OF THE OTHER COMMUNITIES IN TERMS OF THE WATER SUPPLIES, THEY'VE DONE A GREAT JOB PLANNING, AND IT'S THE INFRASTRUCTURE, IT'S WASTE WATER TREATMENT PLANTS.

IT'S BEEN STORING WATER, WE'VE DONE A GREAT JOB IN TERMS OF WATER CREDITS.

IT'S NOW TIME TO EXECUTE ON ALL THOSE PLANS THAT WE'VE HAD FOR THE PAST 30 YEARS, BUT NOW WE'RE ALSO LOOKING AHEAD.

WE HAVE CREATED OUR ADVANCED WATER PURIFICATION, WHICH IS USING RECYCLED WATER, THOSE PLANTS ARE BUILT ACROSS THIS COUNTY AND OTHER COUNTIES, PINAL AND PIMA COUNTY, THAT'S A GREAT INTERIM TOOL AND REAL ESTATE DEVELOPMENT IS HELPING FINANCE THAT, GROWTH IS HELPING PAY FOR THAT ALONG WITH IMPACT FEES AND OTHER THINGS HAPPENING IN THE CITIES AND COUNTIES, DEPENDING WHERE YOU ARE.

THEN WE'RE MOVING TO AUGMENTATION, THERE ARE DIFFERENT PLANS THAT WERE RECENTLY ANNOUNCED BETWEEN CALIFORNIA AND ARIZONA IN TERMS OF TAKING THE DESAL WATER IN SAN DIEGO TO HERE.

THOSE ARE ALL THINGS AS WELL AS THE GROUND WATER MANAGEMENT PLAN ITSELF.

IT ALLOWED FOR MOVING WATER FROM THE HARQUAHALA BASIN, THE TOWN OF QUEEN CREEK, OTHER COMMUNITIES ARE PURCHASING WATER.

THAT'S WHAT WE CALL THE INTERIM WATER.

THEN WE NEED TO LOOK TO LARGER SUPPLIES OF WATER FOR OUR STATE.

IT IS A DIMINISHING SUPPLY WITH THE COLORADO RIVER, BUT WE'RE PREPARED AND PART OF COMMERCIAL REAL ESTATE, WE'RE PART OF THE SOLUTIONS.

TED: WHAT ABOUT SOLUTIONS REGARDING POWER AND ENERGY?

OBVIOUSLY, WATER IS MAJOR CONCERN.

WE'VE DONE ENOUGH SEGMENTS ON THIS TO KNOW THAT IS A CONCERN.

>> YES.

TED: ESPECIALLY WE DON'T KNOW WHAT THE FEDS SAY ABOUT THE COLORADO RIVER.

SO THE GOALPOSTS WILL MOVE YET AGAIN, BUT WHEN YOU LOOK AT TSMC, GOODNESS GRACIOUS, THAT'S A WHOLE NEW WORLD OUT THERE.

HOW DO WE GET THE POWER?

ARE YOU PLANNING FOR NUCLEAR?

HEARING EXTRA PLANS FOR RENEWABLES?

GAS?

COAL?

HOW ARE WE GOING TO POWER ALL THIS STUFF?

>> COUPLE OF THINGS.

IN TERMS OF NAIOP AND HOW WE'RE INVOLVED WITH THAT.

WE DID OUR FirstEnergy ECONOMIC INFRASTRUCTURE LUNCHEON IN TERM OF HOW WE TALK ABOUT THE THINGS.

WE BROUGHT TOGETHER THE CEOs OF THE UTILITIES, THE ONES MAKING INVESTMENTS IN THE DECISIONS.

APS WAS TALKING ABOUT NUCLEAR.

SRP WAS TALKING ABOUT WATER AND ENERGY, AND SOUTHWEST GAS.

THE BIGGEST THING WE HAVE RIGHT NOW THAT IS EXTREMELY IMPORTANT IS THE LARGE GAS LINE COMING FROM TEXAS INTO ARIZONA, THAT ENERGY TRANSFER IS LEADING, THE DESERT SOUTHWEST GAS LINE.

THAT'S EXTREMELY IMPORTANT, THAT IS GOING THROUGH ITS CURRENT PERMITTING PROCESS AND WORKING WITH COUNTIES AND THE LOCALITIES.

WE HAVE TO GET THAT BUILT.

AS WELL, NUCLEAR POWER, PALO VERDE AT THE TIME, UNTIL RECENTLY THE LARGEST NUCLEAR POWER PLANT IN THE UNITED STATES, WHICH IS PURELY OFF RECLAIMED WATER, TO YOUR QUESTION.

THE ENERGY AND THE WATER NEXUS, THAT IS GOING IN FULL FORCE, AND NOW WE'RE AS WELL MOVING INTO NATURAL GAS, WE HAVE PLENTY OF SOLAR AND IT'S ALL OF THE ABOVE.

TED: REAL QUICKLY, WE'RE RUNNING OUT OF TIME.

ARE ALL THE UTILITIES, ARE THEY ROWING IN THE SAME DIRECTION?

>> YES.

TED: THAT'S IT!

THAT'S A GOOD ANSWER.

>> IT IS A GOOD ANSWER, THEY ARE ROWING IN THE SAME WAY.

TED: THAT'S ENCOURAGING NEWS.

CHERYL LOMBARD NAIOP ARIZONA TALKING ABOUT POWER AND GROWTH AND ENERGY IN ARIZONA.

GOOD TO HAVE YOU HERE.

>> IT'S A PLEASURE, THANK YOU.

.

TED: IN A WORLD OF DISAPPEARING PENSIONS, CONCERN OVER SOCIAL SECURITY AND A STOCK MARKET THAT SEEMS INCREASINGLY VOLATILE.

WHERE TO GO FOR PRACTICAL FINANCIAL DECISIONS ABOVE AND BEYOND THE NOISE?

A NEW BOOK TITLED "THE REALITY-BASED INVESTOR" LOOKS TO ANSWER THAT QUESTION.

AND THE BOOK'S AUTHOR IS JAY SPECTOR, CO-CEO AND FOUNDING PARTNER OF EVER-VEST.

GOOD TO SEE.

>> MY PLEASURE.

TED: REALITY-BASED INVESTING, WHAT DOES THAT MEAN?

>> AN INVESTING FRAMEWORK WHERE PEOPLE FOCUS ON THE REALITIES OF WHAT THEIR INCOME IS, WHAT THE BUDGET, IS AND HOW THEY GENERATE INCOME FROM THE INVESTMENTS TO LIVE COMFORTABLY IN RETIREMENT.

TED: GEARED TOWARD REAL LIFE AND NOT NECESSARILY WALL STREET.

>> GEARED TOWARD REALITY.

WE USE REALITY-BASED INVESTING.

>> YOU WANT TO BUILD WEALTH IN A GROUNDED AND LONGSTANDING WAY.

WHAT DOES THAT MEAN?

>> WHAT THAT MEANS IS INVESTORS HAVE SPENT DECADES SAVING FOR RETIREMENT THROUGH THEIR 401(k)s, THROUGH OTHER SAVINGS, MEANS THAT THEY HAVE, AND GROWING INVESTMENTS IS ONE DISCIPLINE, BUT THEN UTILIZING YOUR INVESTMENTS TO HELP YOU COMFORTABLY RETIRE IS A COMPLETELY DIFFERENT DISCIPLINE.

WE COACH PEOPLE ON AND CONSULT PEOPLE ON TO TAKE THE INVESTMENTS THAT THEY HAVE AND MAKE THEM WORK FOR THEMSELVES AND MAKE THEM WORK FOR THEIR RETIREMENT.

TED: HOW MANY FOLKS DO YOU WORK WITH, AND PEOPLE YOU WANT TO REACH WITH THE BOOK, ARE INVESTING BY WAY OF HOPE AS OPPOSED TO STRATEGY?

>> THERE ARE ALWAYS SOME CLIENTS THAT LIKE TO INVEST FOR HOPE.

IF THEY'RE COMING TO WORK FOR US, THEY'RE COMING TO US FOR A REASON, AND COMING TO US BECAUSE OF THE WAY WE INVEST.

THEY COME TO US FOR OUR REALITY-BASED INVESTING PHILOSOPHY.

THAT'S TO HELP THEM ACHIEVE THAT DREAM OF RETIREMENT THAT THEY WANT, AND THEY CAN BE COMFORTABLE WITH.

TED: THAT REALITY-BASED FOCUS HERE ON A DAY WHICH THE MARKET GOES CRAZY, UP, DOWN, SIDEWAYS, THIS WAY, THAT WAY.

YOU WHISTLE PATH THE GRAVEYARD OR DON'T LOOK TOO CLOSELY OR WHAT.

>> HAVE YOU VOLATILITIES OR COMPANIES THAT COME TO SpaceX AND ROCKET THROUGH THE MARKET, PUN INTENDED, YOU HAVE TO FOCUS ON WHAT THE GOAL, IS AND THE CLIENT'S GOAL, IF THE CLIENT IS LOOKING TO RETIRE AND GENERATE A RELIABLE PAYCHECK FOR THEMSELVES IN RETIREMENT, YOU LOOK PAST THE NOISE A LITTLE BIT BUT HAVE TO FOCUS ON THE COMPANIES THAT PAY STRONG DIVIDENDS, CONSISTENT DIVIDENDS OR INTEREST ON BONDS AND SO FORTH, TO GENERATE THAT INCOME.

ON A DAY LIKE TODAY, INCOME IS RELIABLE.

GROWTH IS NOT RELIABLE.

YES, YOU CAN LOOK AT THE HISTORICAL CHARTS AND SEE IT GO FROM LOW TO HIGH OVER A LONG PERIOD OF TIME, BUT IT'S THE PEAKS AND VALLEYS IN BETWEEN THAT GET INVESTORS VERY NERVOUS.

AND WE TRY TO HELP SMOOTH IT OUT BY USING INCOME.

TED: BY USING INCOME HOW?

EXPLAIN FOR US.

>> WHEN PEOPLE INVEST IN STOCKS, THEY PAY DIVIDENDS, THEY GET DIVIDENDS ON A QUARTERLY OR SEMI MONTHLY OR SEMIANNUALLY BASIS.

THEY CAN REINVEST THE DIVIDENDS TO BUY MORE SHARES.

TAKING TWO BITES AT THE APPLE.

YOU HAVE THE INVESTMENT THAT YOU HAVE, THE DIVIDEND THAT'S COMING IN AND REINVEST THAT DIVIDEND TO BUY MORE SHARES.

WHEN YOU BUY MORE SHARES, THE NEXT TIME YOU GET A DIVIDEND, HAVE YOU MORE SHARES BY WHICH TO EARN FUTURE DIVIDENDS.

YOU ARE LETTING THE COMPOUND DIVIDEND GROWTH HAPPEN OVER TIME.

TED: YOU WRITE ABOUT A TOTAL RETURN EQUATION, IS THAT WHERE WE'RE HEADED HERE?

>> IT IS A BASIC MATH EQUATION.

GROWTH PLUS INCOME EQUALS TOTAL RETURN, IF YOU ARE SEEKING ONLY GROWTH AND HAVE NO I IN THE EQUATION, NO INCOME, YOU RELYING ON GROWTH.

YOU ADD THE I IN AND HAVE THE GROWTH PLUS INCOME, YOU HAVE A BETTER CHANCE FOR TOTAL RETURN OVER TIME.

TED: DOES THE I MITIGATE THE G?

>> THE I CAN MITIGATE THE G OR THE INCOME CAN MITIGATE THE GROWTH, IN MARKETS LIKE WE EXPERIENCED LAST TWO WEEKS WHERE YOU HAD EXTREME VOLATILITY BECAUSE OF THE PULLBACK IN THE TECH SECTOR.

TED: YOU DON'T ABANDON BECAUSE YOU HAVE A ROUGH STRETCH.

>> YOU ALWAYS HAVE TO HAVE GROWTH TO OUTPACE INFLATION.

INFLATION IS PRETTY HIGH, EXPERIENCING THAT HIGH INFLATION, SO YOU NEED A PORTION OF A PORTFOLIO THAT'S GROWTH FOCUSED BUT NEED TO HAVE PORTFOLIO POSITIONS THAT ARE FOCUSED ON GENERATING INCOME.

TED: DO INVESTORS OFTEN GET THAT WRONG?

THAT TOTAL RETURN EQUATION?

>> ABSOLUTELY.

ALL THE TIME.

OUR JOB IS TO EDUCATE PEOPLE AND HELP THEM UNDERSTAND WHY THEY NEED TO HAVE INTEREST IN DIVIDEND INCOME AS PART OF THE PORTFOLIO FOR TOTAL RETURN EQUATION.

IT'S UNDERSTANDING THE CLIENT'S RISK PROFILE.

IF SOMEONE IS SOLELY FOCUSED ON GROWTH AND DON'T CARE ABOUT UPS AND DOWNS OF THE MARKET, YOU ARE NOT GOING TO CONVINCE THEM OR EDUCATE THEM ON THE PROPER WAY TO INVEST FOR INCOME PORTFOLIO.

THEY ARE HOPING AND PRAYING THEY HAVE THE LONG-TERM GROWTH.

TED: THE INCOME PYRAMID THAT YOU WRITE ABOUT, TALK TO US, PLEASE?

>> THE INCOME PYRAMID.

THE PYRAMIDS IN EGYPT, THE BASE IS STRONG.

YOU WANT TO HAVE YOUR GUARANTEED AND STABLE INCOME SOURCES THERE, LIKE SOCIAL SECURITY, AND WE CAN ARGUE ABOUT SOCIAL SECURITY, WHETHER IT WILL BE THERE IN THE FUTURE OR NOT?

FOR THIS ILLUSTRATION, SOCIAL SECURITY, PEOPLE HAVE PENSIONS FROM COMPANIES OR FROM PREVIOUS GOVERNMENT WORK.

YOU HAVE ANNUITY INCOME, GUARANTEED BY THE INSURANCE COMPANIES THAT ISSUE THE ANNUITIES.

THOSE BECOME THE BASE OF THE PYRAMID AND YOU ADD DIVIDEND STOCKS, OTHER INTEREST-BEARING INVESTMENTS AND PUT GROWTH ON THE CAPSTONE.

TED: INTERESTING, YOU RIGHT ABOUT TAX SMART WITHDRAWALS TO RESERVE CAPITAL.

WHAT'S THAT ABOUT?

>> GREAT POINT.

WE TALK ABOUT SEQUENCING OF DISTRIBUTIONS, HOW ARE YOU GOING TO EFFICIENTLY AND TAX EFFICIENTLY DISTRIBUTE A RETIREMENT PORTFOLIO?

IF PEOPLE HAVE ROTH IRA'S INVESTMENTS, THERE ARE PROS AND CONS OF STARTING A ROTH IRA, THEY ARE TAX FREE.

IN ORDER THE SEQUENCE OF DISTRIBUTIONS COME OUT OF PORTFOLIO.

IRA DISTRIBUTIONS ARE TAXABLE AS ORDINARY INCOME.

NONRETIREMENT ACCOUNTS, AND INCOME RULES ON THOSE, IT'S UNDERSTANDING THE TAX SITUATION OF THE CLIENT.

TED: ARE THESE RULES AND METRICS AND SUCH, ARE THEY THE SAME FOR SOMEONE WHO'S GOT 20, 30 YEARS TO GO BEFORE RETIREMENT, AND SOMEONE WHO DOESN'T?

SOMEONE IS ON THE DOORSTEP OR SOMEONE WHO RECENTLY RETIRED?

>> THE RULES ARE THE SAME FOR EVERYBODY.

WE ALL PLAY UNDER THE SAME IRS TAX RULES FOR INCOME.

WHEN YOU ARE YOUNGER, YOU'RE NOT PAYING TAXES IN A TAX SHELTERED VEHICLE UNTIL THE FUNDS COME OUT OF THE PARTICULAR ACCOUNT.

YOU HAVE TO BE CAREFUL BECAUSE ANY DISTRIBUTIONS PRIOR TO 59 1/2 IN AN IRA ARE TAXABLE AS ORDINARY INCOME BUT ALSO PENALIZED.

WE ENCOURAGE PEOPLE TO SAVE, NOT SET IT AND FORGET IT, BUT SET IT KNOWING YOU ARE NOT GOING TO TAKE A DISTRIBUTION OUT OF THE IRA UNTIL 59 1/2.

TED: CAN YOU SET ALL OF THIS, CAN YOU BE TOO CAUTIOUS?

>> OF COURSE.

OF COURSE.

YOU CAN BE TOO CAUTIOUS.

THERE ARE FOLKS ENAMORED WITH HAVING FDIC INSURED MONEY MARKET ACCOUNTS AT 3 OR 4% THE LAST SEVERAL YEARS AND SAW THE INTEREST RATES GO DOWN.

THOSE ACCOUNTS ARE NOT OUTPACING INFLATION AND WON'T OUTPACE INFLATION.

YOU HAVE TO BE CAREFUL AND BALANCE THAT CAUTION WITH APPROPRIATE RISK.

TED: REAL QUICKLY, ABOUT 20 SECONDS LEFT.

THE BOOK IS FOR THOSE RETIRED, THE WHOLE GAMUT?

>> THE WHOLE GAMUT BUT GEARED TOWARDS THOSE APPROACHING RETIREMENT AND THOSE IN RETIREMENT WANTING FRESH PERSPECTIVE.

TED: VERY GOOD, JAY SPECTOR, EVER-VEST, GOOD STUFF AND THANKS FOR BEING HERE.

>> THANKS FOR HAVING ME.

.

TED: ACCLAIMED TRAVEL WRITER IS OUT WITH POPULAR BOOK THAT HELPS FEED HUNGRY HIKERS IN THE STATE.

BOOK IS TITLED "ARIZONA BOOTS AND BURGERS," A GUIDE TO THE BEST ARIZONA TRAILS AND BEST PLACES TO EAT BEFORE AND AFTER A HIKE.

WE RECENTLY SPOKE WITH ROGER NAYLOR ABOUT HIS BOOK AND NOTABLE HIKING TRAILS AND PLACES TO DINE.

THIS IS UPDATE OF 2014 BOOK, CORRECT?

>> IT IS.

THAT AND COMPLETELY NEW EDITION AS WELL.

THE ORIGINAL ONE, THE PUBLISHER WENT OUT OF BUSINESS, SO THE RIGHTS REVERTED BACK TO ME, I SAVED A BIG CHUNK OF IT BUT ADDED 40 NEW RESTAURANTS AND TRAILS.

A TOTAL OF 70 RESTAURANTS, 70 TRAILS IN HERE.

TED: YOU ARE BIG ON HIKING AND EATING?

>> YOU HAVE TO DO A LOT OF THE HIKING TO BALANCE OUT THE EATING OTHERWISE I'M A BIG OLD FAT GUY.

TED: SOME OF THE TRAILS THAT ARE SO WONDERFUL, WAS IT HARD TO FIND A GOOD SPOT TO EAT NEARBY?

>> THERE'S ALWAYS GREAT PLACES TO EAT IN ARIZONA.

MAY NOT BE RIGHT THERE AT THE END OF THE TRAILHEAD.

WHEN YOU WORKED UP AN APPETITE, A LITTLE DRIVE IS NOT A BAD THING.

TED: CAN WE LOOK AT THE TRAILS, RIVER TRAIL AND CLIFF DWELLERS LODGE, WHERE IS THIS?

>> ON THE ARIZONA STRIP, MIDDLE OF NOWHERE.

THE RIVER TRAIL IS A BEAUTIFUL UNDERRATED LITTLE TRAIL AT LEE'S FERRY, GOES ALONG THE RIVER, YOU GET BEAUTIFUL CLIFFS THROUGH AN OLD MORMON SETTLEMENT, YOU CAN HIKE UP AND GET WORKOUT ON THE SPENCER TRAIL, AND A FEW MILES AWAY, CLIFF DWELLERS LODGE AND RESTAURANT, A WONDERFUL OUTPOST MAKE A FANTASTIC BURGER.

YOU ARE HOPING THE FOOD IS EDIBLE, THEY HAVE A SUPERB BURGER AND WONDERFUL PATIO, IT RESONATES WITH THE FINE SPICE OF REMOTENESS BECAUSE YOU ARE IN THE MIDDLE OF CIVILIZATION.

TED: YOU DO LOVE YOUR FOOD.

BURGER LOOKS HUGE, THE FRIES ARE IMPORTANT, TOO.

>> THEY DO GOOD FRIES, BUT CAN YOU TRY ONION RINGS AND MIX IT UP.

TED: WE HAVE ANOTHER ONE, THE HUGH NORRIS TRAIL IN TUCSON, CORRECT?

>> THE WESTERN UNIT, IT'S A GOOD CLIMB, IT'S A CLASSIC DESERT TREK THROUGH ALONG THE RIDGELINE THERE.

YOU GET THE BEST VIEWS IN TUCSON, AND IT'S JUST A SPECTACULAR -- ONE OF MY FIRST SERIOUS DESERT HIKES, SO I REMEMBER IT AS LIFE CHANGING, AND INSTEAD OF A BURGER, I'VE GOT MANY GREAT BURGER PLACES IN TUCSON, WE WENT WITH A SONORAN HOT DOG, THE O.G.

OF SONORAN HOT DOGS, THIS IS SPECIAL ARIZONA FLAVOR, ALMOST HARD TO FIND ON THIS SIDE OF THE BORDER OUTSIDE OF ARIZONA, STARTS WITH A BACON WRAPPED HOT DOG, ARE TWO MORE BEAUTIFUL WORDS THAN BACON WRAPPED, AND TUCKED IN A SOFT BOAT OF DOUGH AND PILED ON WITH AVALANCHE OF INGREDIENTS, PINTO BEANS, DICED ONION AND TOMATO.

HE WON A JAMES BEARD AWARD FOR A HOT DOG.

THAT TELLS YOU SOMETHING.

>> THE LAST ONE HERE WE HAVE TIME FOR IN MONUMENT VALLEY, THE WILDCAT TRAIL.

IS THERE ANY PLACE TO EAT CLOSE IN MONUMENT TRAIL?

>> KAYENTA, THE NAVAJO BURGER COMES ON FRY BREAD.

I LOVE THE NAVAJO TACO, YOU GET GOOD VEGETABLES AND MIX OF FLAVORS AND THE WILDCAT TRAIL IS PROBABLY MY FAVORITE SINGLE TRAIL IN THE ENTIRE STATE.

THROWS A LOOP AROUND THE WEST MITTEN THERE, YOU ARE IN THE HEART OF THE WEST.

TED: HOW DIFFICULT TO GET TO THAT PARTICULAR TRAIL?

>> IT'S RIGHT THERE.

YOU WALK OUT FROM THE VISITOR CENTER, AND YOU DO NOT NEED A NAVAJO GUIDE, YOU GET TO ENJOY IT, ABOUT 3 1/2 MILES AROUND, AND YOU REMEMBER IT FOR THE REST OF YOUR LIFE.

TED: SEEING STUFF ON THE RIGHT SIDE OF THE SCREEN AS FAR AS THE FOOD IS CONCERNED.

HOT DOGS AND HAMBURGERS.

ARE THERE VEGETARIAN OPTIONS?

>> AT EACH PLACE I GIVE A VEGETARIAN OPTION.

I'M MARRIED TO A VEGETARIAN WOMAN.

I EAT HEALTHIER, WHEN I WAS IN MY 20s, I LIVED ON BURGERS.

NOW I TRY TO BALANCE IT OUT TO BE A LITTLE MORE SPECIAL.

VEGETARIAN OPTIONS AT EACH PLACE.

TED: A FAVORITE HIKE AND RESTAURANT COMBINATION FOR YOU?

>> I THINK THE BEST BURGER SPOT IS DIVE BAR, HARVEY'S WINE BURGER.

TED: IT'S BEEN AROUND FOREVER.

>> IT HAS, JUST A DIVE BAR, YOU WALK IN, IT'S DARK, LITTLE HANGOUT.

MAN, THEY MAKE A BURGER THAT IS SUCCULENT.

BEEF CANDY.

TED: SETTLE DOWN THERE, LITTLE FELLA.

DINNER IS COMING UP.

CONGRATULATIONS ON ALL YOUR SUCCESS, ROGER NAYLOR, THE BOOK IS "ARIZONA BOOTS AND BURGERS," AND IT'S A HECK OF A LOT OF FUN.

GOOD TO SEE YOU.

>> MY PLEASURE.

TED: AND THAT IS IT FOR NOW.

I'M TED SIMONS.

THANK YOU SO MUCH FOR JOINING US.

YOU HAVE A GREAT EVENING.